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JoV CONVERT

Active
Private limited companyfounded 200125 yrs activeKortrijksesteenweg 189-191, 9830 Sint-Martens-Latem, BelgiumKBO/BCE: BE 0474.731.064
Summary

JoV CONVERT has been active since 2001 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €984,307 and a net result of €2.1m. Equity is growing by ~3% per year across the filed fiscal years. Its solvency ranks better than 24% of 182 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.2% (very low).

Risk analysisWatch ReportCompare
JoV CONVERTActiveChecked score 71/100
Risk analysis ReportCompare

Overview

What they do
Manufacture of textiles
NACE 13930Wholesale trade NACE 46472Wholesale trade NACE 46473
2 sites
How big
€4.1mtotal assets 2025
Staff
3.8 FTE
Equity
€984,307
Profit
€2.1m
Turnover not published (abridged schema)Net result +72%: 18-month year
Financially healthy?
71 Healthy Checked score 2025
Bankruptcy chance 12 m
0.2%
Who decides
Accounts 1 d early0 of 8 deeds read
Why 71- Multiple establishment units- Weak solvency vs sector+ Lower-failure-rate sector+ Long track record+ Annual accounts: healthy financial profileLatest accounts filed on timeShow the evidence

Checked score

Score 2025
71 / 100
Healthy
Every signal that weighs is under Signals.
Axes · tick = 2024
Profitability100=
Solvency49▼-5
Growth58=
Track record100
Bankruptcy probability, 12 months
0.2% Very low
0%0.5%1.5%4%10%≥ 25%
Credit up to €65,000 at 30 days acceptable
Liquidity tight (current ratio 1.25 against 1.37 in 2024; short-term debt: 75.5% and cash: 13.4% of total assets), and 76% of the assets are financed with debt.
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Signals

Six signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
lowers risk · Lower-failure-rate sector
In this sector companies fail less often than the Belgian average.
Gazette · bankruptcies per sector, NACE 13
Relative position
BE, all sectors
reference
Manufacture of textiles (NACE 13)
about 62% fewer bankruptcies
← fewer bankruptcies more bankruptcies →
lowers risk · Long track record
A company with a long track record statistically fails less often than a young one.
KBO · incorporation date
Age against the risk zone
highest failure risk from 2 to 8 years 25 years 0 30 y
lowers risk · Annual accounts: healthy financial profile
The latest annual accounts show a healthy profile in solvency, result and liquidity.
NBB · annual accounts 2025
Solvency, return and age of the figures
Solvency
24%
Return on assets
50.5%
Age of the figures
9 mo
raises risk · Multiple establishment units
Several establishment units mean more fixed costs, and such companies fail more often than a company with one establishment.
KBO · establishment units
raises risk · Weak solvency vs sector
Solvency (equity / total assets) is in the sector's weakest quartile: better than 24% of 182 sector peers (2025).
NBB · sector comparison
Position among 182 sector peers
Solvency
better than 24%
← weakest strongest →
neutral · Latest accounts filed on time
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 30-07-2026, 1 day ahead of the deadline.
NBB · 10 filings
Deviation from the deadline
2025
1 d early
2024
1 d early
2023
2 d early
2022
on the day
2021
4 d early
2020
2 d early
2019
on the day
← before the deadline after the deadline →
tick = median of all Belgian filingsring = median in the sector

This company filed its last 7 accounts on average 1 day before the deadline; the sector median for financial year 2024 is 13 days before the deadline, and 32% of the sector filed late.

Checked, nothing found (1)
neutral · No strike-offs in the KBO publications
We found no ex-officio strike-off or cessation. Our series starts in 2021 and has gaps, so this is not a confirmation that there is nothing.
KBO publications · our coverage
  1. Annual accounts filedfiscal year 2025 · abbreviated…
  2. Highest result since 2019net €2.1m ▲72.1%
  3. Annual accounts filedfiscal year 2024 · abbreviated…

Key points

  • Positive: Among the best 5% on net resultsector median €39,077 · 182 companies €2.1m View
  • Result rose in 202518-month fiscal year ▲ 72.1% View
  • Positive: Always filed on timeaccounts within the deadline every year 8 years View
  • Positive: 7 profitable years in a rowprofit 2025: €2.1m 7 years View

By topic

Financials

Fiscal year
2025
Total assets
€4.1m
Profit
€2.1m
Solvency
24.0%
Total assets▲ 33.5%
Net result
20192025
Go to Financials

Timeline

Events
11
Since
2017
  1. 30-07-2026Annual accounts filed
  2. 31-12-2025Highest result since 2019
  3. 30-01-2025Annual accounts filed
Go to Timeline

Company details

Sites
2
Legal form
Private limited company
Activity
Manufacture of textilesNACE 13930
Founded
04-05-2001
Year ends
31-12
Peppol
Reachable for e-invoices
Go to Company details

Go further with this company

How much credit can you give this customer, and on what term?Credit check What should you check before you do business with this company?Supplier due diligence Can you accept this company as a client under the anti-money-laundering law?AML client file Which of your other customers can you e-invoice via Peppol?Peppol check What other support did companies like this one receive, and it did not?Subsidies How does this company compare with its sector?Sector benchmark

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